臺灣人文及社會科學引文索引資料庫系統

:::

詳目顯示

回上一頁
第 1 筆 / 總合 1 筆   第一頁 上一頁 下一頁 最後一頁
/1頁
題名：金融商品公平價值、公司治理機制與公司價值
書刊名：當代會計
作者：王漢民 引用關係／陳俊廷
作者(外文)：Wang, Han-min／Chen, Jun-ting
出版日期：2010
卷期：11:專刊
頁次：頁333-370
主題關鍵詞：公平價值；金融商品；公司治理；價值攸關性；Fair value；Financial instrument；Corporate governance；Value-relevance
原始連結：連回原系統網址new window
相關次數：
  • 被引用次數被引用次數:期刊(1) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:1
  • 共同引用共同引用:36
  • 點閱點閱:50
本文主要探討我國金融保險業實施財務會計準則第34號公報，其公司治理機制與金融商品以公平價值評價對企業價值攸關性之影響。實證結果顯示，金融保險業實施公平價值財務會計準則後，其金融資產與負債之公平價值資訊，較公報實施前具有價值攸關性。在股權結構之公司治理機制方面，在第34號公報實施後，金融保險業之董監事持股比率、經理人持股比率、大股東持股比率、控制股東盈餘分配權、以及機構投資人持股比率等對金融資產與負債之公平價值，會產生正向增額價值攸關性；而控制股東控制權、以及控制權與盈餘分配權偏離程度等對金融資產與負債之公平價值，會產生負向增額價值攸關性。
The purpose of this study is to examine the impact of Statements of Financial Accounting Standards No.34 on the value-relevance of the corporate governance mechanisms and the fair value of financial instruments for the banking and insurance companies in Taiwan. Our empirical results show that the value-relevance of financial instruments are enhanced after the adoption of the fair value accounting standard. And, the board ownership, managerial ownership, block shareholders' holding, controlling shareholders' cash flow right, and institutional ownership have a positive effect on the value-relevance of financial instruments. However, the controlling shareholders' control right and the deviation between voting right and cash flow right produce a negative effect on the value-relevance of financial instruments.
期刊論文
1.Rechner, P. L.、Dalton, D. R.(1991)。CEO duality and organizational performance: a longitudinal analysis。Strategic Management Journal，12(2)，155-160。  new window
2.Ahmed, A. S.、Kilic, Emre、Lobo, G. J.(2006)。Does recognition versus disclosure matter? Evidence from value-relevance of banks' recognized and disclosed derivative financial instruments。The Accounting Review，81(3)，567-588。  new window
3.Barth, M. E.、Beaver, W. H.、Landsman, W.(1996)。Value-relevance of Banks' Fair Value Disclosures under SFAS No. 107。Accounting Review，71(4)，513-537。  new window
4.Simpson, W. G.、Gleason, A.(1999)。Board Structure, Ownership, and Financial Distress in Banking Firms。International Review of Economics and Finance，8(3)，281-292。  new window
5.Beaver, William H.(1968)。The Information Content of Annual Earnings Announcement。Journal of Accounting Research，6(Suppl.)，67-92。  new window
6.Nelson, K. K.(1996)。Fair Value Accounting for Commercial Banks: An Empirical Analysis of SFAS No. 107。The Accounting Review，71(2)，161-182。  new window
7.Eccher, Elizabeth A.、Ramesh, K.、Thiagarajan, S. R.(1996)。Fair value disclosures by bank holding companies。Journal of Accounting & Economics，22(1-3)，79-117。  new window
8.Himmelberg, C. P.、Hubbard, R. G.、Palia, D.(1999)。Understanding the Determinants of Managerial Ownership and the Link between Ownership and Performance。Journal of Financial Economics，53，353-384。  new window
9.McConnell, John J.、Servaes, Henri(1990)。Additional Evidenceon Equity Ownership and Corporate Value。Journal of Financial Economics，27(2)，595-612。  new window
10.Holderness, Clifford G.、Sheehan, Dennis P.(1988)。The Role of Majority Shareholders in Publicly-Held Corporations: An Exploratory Analysis。Journal of Financial Economics，20(1/2)，317-346。  new window
11.Gomes, Armando(2000)。Going public without governance: Managerial reputation effects。Journal of Finance，55(2)，615-646。  new window
12.Bolton, Patrick、von Thadden, Ernst-Ludwig(1998)。Blocks, Liquidity, and Corporate Control。Journal of Finance，53(1)，1-25。  new window
13.Bushman, Robert M.、Chen, Qi、Engel, Ellen、Smith, Abbie(2004)。Financial Accounting Information, Organizational Complexity and Corporate Governance Systems。Journal of Accounting and Economics，37(2)，167-201。  new window
14.Lins, Karl V.(2003)。Equity Ownership and Firm Value in Emerging Markets。Journal of Financial and Quantitative Analysis，38(1)，159-184。  new window
15.Kesner, Idalene F.(1987)。Directors' Stock Ownership and Organizational Performance: An Investigation of Fortune 500 Companies。Journal of Management，13(3)，499-508。  new window
16.Mandelker, Gershon N.、Agrawal, Anup(1990)。Large Shareholders and the Monitoring of Managers: The Case of Antitakeover Charter Amendments。Journal of Financial and Quantitative Analysis，25(2)，143-161。  new window
17.Leland, Hayne E.、Pyle, David H.、Brealey, Richard(1977)。Informational Asymmetries, Financial Structure, and Financial Intermediation。The Journal of Finance，32(2)，371-387。  new window
18.Oswald, Sharon L.、Jahera, John S. Jr.(1991)。The Influence of Ownership on Performance: An Empirical Study。Strategic Management Journal，12(4)，321-326。  new window
19.Shleifer, Andrei、Vishny, Robert W.(1986)。Large shareholders and corporate control。Journal of Political Economy，94(3 Part 1)，461-488。  new window
20.Ball, Ray、Brown, Philip(1968)。An Empirical Evaluation of Accounting Income Numbers。Journal of Accounting Research，6(2)，159-178。  new window
21.Morck, Randall、Shleifer, Andrei、Vishny, Robert W.(1988)。Management Ownership and Market Valuation: An Empirical Analysis。Journal of Financial Economics，20(1/2)，293-315。  new window
22.Claessens, Stijn、Djankov, Simeon、Lang, Larry H. P.(2000)。The Separation of Ownership and Control in East Asian Corporations。Journal of Financial Economics，58(1/2)，81-112。  new window
23.Fama, Eugene F.、Jensen, Michael C.(1983)。Separation of ownership and control。The Journal of Law & Economics，26(2)，301-325。  new window
24.La Porta, Rafael、López-de-Silanes, Florencio、Shleifer, Andrei(1999)。Corporate ownership around the world。Journal of Finance，54(2)，471-517。  new window
25.Ohlson, James A.(1995)。Earnings, Book Values, and Dividends in Equity Valuation。Contemporary Accounting Research，11(2)，661-687。  new window
26.Barth, Mary E.、Beaver, William H.、Landsman, Wayne R.(2001)。The relevance of the value relevance literature for financial accounting standard setting: another view。Journal of Accounting and Economics，31(1-3)，77-104。  new window
27.Hermalin, Benjamin E.、Weisbach, Michael S.(1991)。The Effects of Board Composition and Direct Incentives on Firm Performance。Financial Management，20(4)，101-112。  new window
28.陳振遠、張智堯、王蘭芬、李文智(20050600)。應用Ohlson會計評價模型探究公司治理之價值攸關性--以臺灣上市公司電子業為例。臺大管理論叢，15(2)，123-141。new window  延伸查詢new window
29.Stulz, René M.(1988)。Managerial control of voting rights: Financing policies and the market for corporate control。Journal of Financial Economics，20(1/2)，25-54。  new window
30.Finkelstein, S.、D'Aveni, R. A.(1994)。CEO Duality as a Double-edged Sword: How Boards of Directors Balance Entrenchment Avoidance and Unity of Command。Academy of Management Journal，37(5)，1079-1108。  new window
31.Pound, John(1988)。Proxy contests and the efficiency of shareholder oversight。Journal of Financial Economics，20(1/2)，237-265。  new window
32.Jensen, Michael C.、Ruback, Richard S.(1983)。The market for corporate control: The scientific evidence。Journal of Financial Economics，11(1-4)，5-50。  new window
33.古淑玲(20040100)。金融商品採用公平價值評價對企業之影響。會計研究月刊，218，40-41。  延伸查詢new window
34.黃金澤(20040300)。談財會公報34號下之公平價值衡量。會計研究月刊，220，110-117。  延伸查詢new window
35.Claessens, Stijn、Djankov, Simeon、Fan, Joseph P. H.、Lang, Larry H. P.(2002)。Disentangling the Incentive and Entrenchment Effects of Large Shareholdings。The Journal of Finance，57(6)，2741-2771。  new window
36.Demsetz, Harold(1983)。The structure of Ownership and the Theory of the Firm。The Journal of Law & Economics，26(2)，375-390。  new window
37.Shleifer, Andrei、Vishny, Robert W.(1997)。A survey of corporate governance。The Journal of Finance，52(2)，737-783。  new window
38.Jensen, Michael C.、Meckling, William H.(1976)。Theory of the firm: Managerial behavior, agency costs and ownership structure。Journal of Financial Economics，3(4)，305-360。  new window
研究報告
1.Milliron, Jennifer(2000)。Board of director incentive alignment and the design of executive compensation contracts。University of Chicago。  new window
2.Lourenço, I.、Curto, J. D.(2008)。The value relevance of investment property fair values。University Institute of Lisbon。  new window
學位論文
1.陳怡庭(2006)。適用「第34號公報：金融商品之會計處理準則」對於上市公司股價的影響--以台灣傳統產業為例(碩士論文)。臺灣大學，台北。  延伸查詢new window
2.張明峰(1991)。股權結構對公司績效影響之研究(碩士論文)。國立政治大學。  延伸查詢new window
3.楊慧玲(2000)。董事會結構及其變動對股東財富與經營績效影響之研究(碩士論文)。朝陽大學。  延伸查詢new window
圖書
1.Berle, Adolf Augustus Jr.、Means, Gardiner C.(1932)。The Modern Corporation and Private Property。Macmillan Publishing Company。  new window
單篇論文
1.Faccio, M.，Lang, L.H.P.(2002)。The separation of ownership and control: An analysis of ultimate ownership in Western European corporations。  new window
其他
1.林寶珠(2006)。金控公司風險管理。  延伸查詢new window
2.紀登順(2007)。金融商品財務報導之價值攸關性。  延伸查詢new window
3.徐裕霖(2007)。金融商品公平價值資訊對金融機構市場價值影響之研究。  延伸查詢new window
4.陳春山(2004)。金融機構之公司治理及財務透明化。  延伸查詢new window
5.黃鈺光(1993)。我國上市公司董事會特性與經營績效之研究。  延伸查詢new window
6.賴鈺城與陳賢名(2004)。金融風險管理機制－銀行之公司治理。  延伸查詢new window
7.劉宴辰(1993)。從代理理論觀點探究股權結構、董事會組成對企業財務績效影響之研究－上市公司之實證分析。  延伸查詢new window
8.蕭惠元(2005)。資產減損財會公報對TCRI之影響。  延伸查詢new window
9.W. H. Beaver, C. Eger, S. Ryan and M. Wolfson(1989)。Financial reporting, supplemental disclosures, and bank share prices。  new window
10.M. M. Cornett, Z. Rezaee and H. Tehranian(1996)。An investigation of capital market reactions to pronouncements on fair value accounting。  new window
11.B. Gauri(2008)。Risk relevance of fair value gains and losses, and the impact of disclosure and corporate governance。  new window
12.I. Goncharov and A. C. Hodgson(2008)。Comprehensive income in Europe: Valuation, prediction and conservatism issues。  new window
13.Z. Y. Gu(2005)。Scale factor, R2, and the choice of levels versus returns models。  new window
14.K. Kanagaretnam, G. J. Lobo and D. H. Yang(2005)。Determinants of signaling by banks through loan loss provisions。  new window
15.I. K. Khurana and M. S. Kim(2003)。Relative value relevance of historical cost vs. fair value: Evidence from bank holding companies。  new window
16.W. H. Mikkelson and R. S. Ruback(1985)。An empirical analysis of the interfirm equity investment process。  new window
17.S. Prowse(1998)。Corporate governance: Emerging issues and lessons from East Asia。  new window
18.M. Shen, C. Hsu and M. Chen(2006)。A study of ownership structures and firm values under corporate governance: The case of listed and OTC companies in Taiwan's finance industry。  new window
19.Y. C. Shiu, M. Peter and Y. C. Shin(2009)。What motivates banks to use derivatives: Evidence from Taiwan。  new window
20.M. Venkatachalam(1996)。Value-relevance of banks’ derivatives disclosures。  new window
21.L. Wang, P. Alam and S. Makar(2005)。The value-relevance of derivative disclosures by commercial banks: A comprehensive study of information content under SFAS Nos.119 and 133。  new window
 
 
 
 
第一頁 上一頁 下一頁 最後一頁 top
:::
無相關書籍
 
無相關著作
 
QR Code
QRCODE

臺灣人文及社會科學引文索引資料庫

目前上線人數：883（臺灣：881，外國：2） ／ 本年度總使用人次：2071125 ／ 訪客人次（自102年09月）：67871853
國家圖書館著作權聲明 Copyright © 2013 All rights reserved.
本館地址: 100201臺北市中山南路20號． 本館地圖及交通資訊．
總機：(02)23619132．最佳瀏覽解析度為1024x768以上